Superannuation Supervisory Levy Amendment Act 1995

No. 117 of 1995

CONTENTS

Section

1. Short title

2. Commencement

3. Schedule

SCHEDULE

AMENDMENTS OF THE SUPERANNUATION SUPERVISORY LEVY ACT 1991

Superannuation Supervisory Levy Amendment Act 1995

No. 117 of 1995

An Act to amend the Superannuation Supervisory Levy Act 1991, and for related purposes

[Assented to 17 October 1995]

The Parliament of Australia enacts:

Short title

1. This Act may be cited as the Superannuation Supervisory Levy Amendment Act 1995.

Commencement

2. This Act commences on the day on which it receives the Royal Assent.

Schedule

3. The Superannuation Supervisory Levy Act 1991 is amended in accordance with the applicable items in the Schedule, and the other item in the Schedule has effect according to its terms.

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SCHEDULE Section 3

AMENDMENTS OF THE SUPERANNUATION SUPERVISORY LEVY ACT 1991

1. Paragraph 6(2)(a):

Omit all the words from and including "each” to and including “day", substitute “the calendar month beginning on the day after the required return lodgment day and each subsequent calendar month beginning before the day on which”.

2. Subsection 6(2):

Add at the end the following note:

"Note: Calendar month is defined by paragraph 22(1)(g) of the Acts Interpretation Act 1901.”.

3. Application

The amendment of paragraph 6(2)(a) of the Superannuation Supervisory Levy Act 1991 made by item 1 of this Schedule applies only in relation to a return required to be lodged for the 1994-95 year of income or any subsequent year of income.

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[Minister’s second reading speech made in—

House of Representatives on 24 August 1995 Senate on 29 August 1995]